1607 5th ST, Santa Fe, NM 87505
1607 5th ST, Santa Fe, NM 87505
1607 5th ST, Santa Fe, NM 87505
1607 5th ST, Santa Fe, NM 87505
1607 5th ST, Santa Fe, NM 87505
1607 5th ST, Santa Fe, NM 87505
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Jordan O'Bryan

Jordan O'Bryan

+1(505) 264-0304
Listed by NM Apartment Advisors, Inc.
$ 496,084
Est. payment | /mo

3 Beds

3 Baths

1,740 SqFt

Save
$ 496,084
Est. payment | /mo
Save

3 Beds

3 Baths

1,740 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $285

Subdivision Capital Land & Townsite Co Addn

MLS Listing ID 1102974

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $3,380

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions Public Records

Property Sub-Type Triplex

Property Description

Just minutes away is the transformative Midtown District redevelopment, a major mixed-use project expected to bring new housing, employment centers, creative office space, parks, and cultural uses to the heart of Santa Fe. This continued investment enhances the long-term growth story for surrounding neighborhoods and increases the desirability of nearby housing.The property consists of three one-bedroom / one-bath units totaling approximately 1,740 square feet on a 0.11-acre parcel. Metrics of investment performance at the ask price of $496,084 and average rents of $1,270 include a GRM of 10.83, a before-reserves cap rate of 5.89%, a price per sf of $285.11, a price per unit of $165,361 with an after-tax IRR of 12.9%.

Location

State NM

County Santa Fe

Area 300 - City Of Santa Fe

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Tile

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected

Accessibility None

Total Parking Spaces 3

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 010856576

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

Southwest MLS (SWMLS IDX Plus)

NEARBY SCHOOL & BUSINESS

Jordan O'Bryan

+1(505) 264-0304

jordan.obryan@purelyabq.com

150 Washington Avenue Ste. 201, Fe, NM, 87501, United States

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1607 5th ST